Despite expressing support for cannabis rescheduling during his campaign, President Trump has taken no action on marijuana reform, with discussions stalling before the confirmation of Attorney General Pam Bondi, a known opponent of legalization. Pro-cannabis groups are launching ad campaigns to win Trump's favor, criticizing both former President Biden and Canada for their stances on marijuana.
Cathie Wood's Ark Invest significantly increased its stake in Robinhood Markets Inc. on Tuesday, purchasing 7,798 shares, following recent strategic investments in the financial services platform. This move highlights Ark's growing interest in Robinhood, which recently launched its AI-powered investment tool, Robinhood Cortex, and forayed into private banking services.
Abu Dhabi's $2 billion investment in Binance in early 2025 marked a turning point for the cryptocurrency industry, signifying traditional financial institutions' embrace of digital assets as part of diversified investment portfolios. This landmark deal underscores the growing institutional adoption of digital assets, driven by factors such as regulatory clarity, evolving infrastructure, market growth, and the tokenization of real-world as...
Cryptocurrency trading is on the upswing as market participants gear up for President Trump’s impending tariff announcements, with data showing significant increases in large transactions and active addresses. A mix of analyst insights and trader observations highlights both bullish indicators and caution, as experts debate Bitcoin’s short-term movements and long-term potential.
Alphabet's fourth-quarter earnings fell short of expectations, with cloud revenue growth slowing and concerns emerging about the upcoming remedy trial. Despite this, analyst Curtis Shauger initiated coverage with a Buy rating and a price target of $210, citing the company's strong cash flow, dominant search position, and potential for growth in emerging areas like AI.